Fast Track For Unfair Credit Agreements
Warrington, 18th May 2009
Credit Clear UK have today welcomed news of an agreement, which will see certain cases involving unfair credit agreements being fast tracked through the court system.
This comes in the wake of calls for test cases involving credit disputes to be put before High Court, which would potentially have led to lengthy delays in many cases. The proposals, from the Civil Judge for Cheshire could have led to some cases being put on hold but following a consultation with the Judge, financial institutions and claims management companies it was decided that putting cases on hold would not be in publics interest.
It was, however, decided that some cases involving unfair credit agreements would be fast tracked through the courts and decided by rapid trial.
Lee Lummis, Managing Director of Credit Clear UK has reacted to the news by saying:
"We are delighted with this agreement, which is excellent news for consumers who have been affected by unfair credit agreements."
"This will offer increased access to justice, and in many cases will speed up the claims process."
Credit Clear UK are one of the UK’s leading specialists in unfair and unenforceable credit agreements. They work in partnership with claims management company Ratio Money, who provide a comprehensive manual auditing service of claims. Managing Director Matthew Porteus commented:
"We always knew that, legally, there could not be any argument over clear cut cases of credit agreements that breach the Consumer Credit Act and so we could never see any reason for these cases to be held up by the courts."
"But thanks to the fast-tracking of some cases, we will very quickly gain clarity on the ‘greyer’ areas of the law."
To find out if you have been the victim of unfair credit agreements, contact Credit Clear UK on 0800 038 2233 or visit: http://www.creditclearuk.co.uk.
